SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
ASEN R SCOTT

(Last) (First) (Middle)
C/O ASEN AND CO., INC.
224 EAST 49TH STREET

(Street)
NEW YORK NY 10017

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ACME UNITED CORP [ ACU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/07/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/07/2007 S 2,100 D $14.8976 358,842 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Sabrina Kirkpatrick, as attorney-in-fact for R. Scott Asen 06/11/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
    POWER OF ATTORNEY

   For Executing Forms 3, 4 and 5



 The undersigned hereby constitutes and appoints, for the period from the

date hereof through June 18, 2007, each of Sabrina Kirkpatrick and William C. Hicks,

signing singly, his/her true and lawful attorney-in-fact to:



 (1) execute for and on behalf of the undersigned Forms 3, 4 and 5 in

  accordance with Section 16(a) of the Securities Exchange Act of 1934

  and the rules thereunder;

 (2) do and perform any and all acts for and on behalf of the undersigned

  which may be necessary or desirable to complete the execution of any

  such Form 3, 4 and 5 and the timely filing of such form with the

  United States Securities and Exchange Commission and any other

  authority; and

 (3) take any other action of any type whatsoever in connection with

  the foregoing which, in the opinion of such attorney-in-fact, may

  be of benefit to, in the best interest of, or legally required by,

  the undersigned, it being understood that the documents executed by

  such attorney-in-fact on behalf of the undersigned pursuant to this

  Power of Attorney shall be in such form and shall contain such terms

  and conditions as such attorney-in-fact may approve in his/her

  discretion.



 The undersigned hereby grants to each such attorney-in-fact full power and

authority to do and perform all and every act and thing whatsoever requisite, necessary

and proper to be done in the exercise of any of the rights and powers herein granted,

as fully to all intents and purposes as such attorney-in-fact might or could do if

personally present, with full power of substitution or revocation, hereby ratifying

and confirming all that such attorney-in-fact, or his/her substitute or substitutes,

shall lawfully do or cause to be done by virtue of this power of attorney and the

rights and powers herein granted.  The undersigned acknowledges that the foregoing

attorneys-in-fact, in serving in such capacity at the request of the undersigned,

are not assuming any of the undersigned's responsibilities to comply with Section 16

of the Securities Exchange Act of 1934.



 IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney

to be executed as of this 8th day of June, 2007.



       /s/ R. Scott Asen